With Traxed, companies can easily certify through the blockchain what they and their vendors claim.
Through the Traxed platform, you can add a unique QR code to the product on sale. Those who scan it can view the product's supply chain, checking how individual components are produced by all participating companies.
Companies and their suppliers use the Traxed platform to build their supply chain. All data is recorded on the blockchain to ensure customers that the data is real and transparent.
Blockchains are public, which means anyone can access them. They are also immutable, which means that no one can change the data they contain.
Traxed uses the Polygon blockchain because it is based on a PoS (Proof of Stake) protocol that wastes no energy and has no environmental impact.
In order to use Traxed, you will need software, commonly referred to as a "wallet" to interact with the blockchain. Traxed is compatible with MetaMask, one of the most secure and commonly used wallets. The wallet is also used to pay for transactions on the blockchain. These payments are made in MATIC, the native cryptocurrency of the Polygon blockchain.